DROPBOX INC-CLASS A (DBX) Stock Fundamental Analysis
USA - NASDAQ:DBX - US26210C1045 - Common Stock
30.36 USD
-0.04 (-0.13%)
30.36 USD
0 (0%)
Overall DBX gets a fundamental rating of 5 out of 10. We evaluated DBX against 281 industry peers in the Software industry. While DBX has a great profitability rating, there are quite some concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on DBX.
1. Profitability
1.1 Basic Checks
In the past year DBX was profitable.
In the past year DBX had a positive cash flow from operations.
Of the past 5 years DBX 4 years were profitable.
Each year in the past 5 years DBX had a positive operating cash flow.
1.2 Ratios
DBX's Return On Assets of 17.46% is amongst the best of the industry. DBX outperforms 92.53% of its industry peers.
DBX's Return On Invested Capital of 52.97% is amongst the best of the industry. DBX outperforms 98.93% of its industry peers.
DBX had an Average Return On Invested Capital over the past 3 years of 17.97%. This is significantly above the industry average of 12.07%.
The 3 year average ROIC (17.97%) for DBX is below the current ROIC(52.97%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.46% | ||
| ROE | N/A | ||
| ROIC | 52.97% |
ROA(3y)15.53%
ROA(5y)9.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.97%
ROIC(5y)15.1%
1.3 Margins
Looking at the Profit Margin, with a value of 19.16%, DBX belongs to the top of the industry, outperforming 82.56% of the companies in the same industry.
DBX's Profit Margin has improved in the last couple of years.
DBX's Operating Margin of 22.67% is amongst the best of the industry. DBX outperforms 88.97% of its industry peers.
DBX's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 81.35%, DBX belongs to the top of the industry, outperforming 85.77% of the companies in the same industry.
DBX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.67% | ||
| PM (TTM) | 19.16% | ||
| GM | 81.35% |
OM growth 3Y10.3%
OM growth 5YN/A
PM growth 3Y4.48%
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y1.86%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), DBX is creating value.
DBX has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, DBX has less shares outstanding
DBX has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.72, we must say that DBX is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.72, DBX is doing worse than 64.77% of the companies in the same industry.
DBX has a debt to FCF ratio of 3.00. This is a good value and a sign of high solvency as DBX would need 3.00 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.00, DBX is in the better half of the industry, outperforming 64.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3 | ||
| Altman-Z | 0.72 |
ROIC/WACC5.29
WACC10.02%
2.3 Liquidity
DBX has a Current Ratio of 0.60. This is a bad value and indicates that DBX is not financially healthy enough and could expect problems in meeting its short term obligations.
DBX has a worse Current ratio (0.60) than 90.39% of its industry peers.
DBX has a Quick Ratio of 0.60. This is a bad value and indicates that DBX is not financially healthy enough and could expect problems in meeting its short term obligations.
DBX has a Quick ratio of 0.60. This is amonst the worse of the industry: DBX underperforms 90.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
DBX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.32%, which is quite impressive.
DBX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 38.64% yearly.
DBX shows a decrease in Revenue. In the last year, the revenue decreased by -0.44%.
DBX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.93% yearly.
EPS 1Y (TTM)26.32%
EPS 3Y17.94%
EPS 5Y38.64%
EPS Q2Q%23.33%
Revenue 1Y (TTM)-0.44%
Revenue growth 3Y5.7%
Revenue growth 5Y8.93%
Sales Q2Q%-0.69%
3.2 Future
The Earnings Per Share is expected to grow by 2.92% on average over the next years.
DBX is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.17% yearly.
EPS Next Y8.83%
EPS Next 2Y7.95%
EPS Next 3Y4.73%
EPS Next 5Y2.92%
Revenue Next Year-1.83%
Revenue Next 2Y-1.21%
Revenue Next 3Y-0.97%
Revenue Next 5Y-1.17%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.54, the valuation of DBX can be described as reasonable.
DBX's Price/Earnings ratio is rather cheap when compared to the industry. DBX is cheaper than 87.90% of the companies in the same industry.
DBX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.89.
The Price/Forward Earnings ratio is 10.38, which indicates a very decent valuation of DBX.
Based on the Price/Forward Earnings ratio, DBX is valued cheaper than 88.97% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of DBX to the average of the S&P500 Index (34.59), we can say DBX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.54 | ||
| Fwd PE | 10.38 |
4.2 Price Multiples
DBX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. DBX is cheaper than 85.77% of the companies in the same industry.
DBX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. DBX is cheaper than 94.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.18 | ||
| EV/EBITDA | 13.39 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
DBX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.19
PEG (5Y)0.27
EPS Next 2Y7.95%
EPS Next 3Y4.73%
5. Dividend
5.1 Amount
No dividends for DBX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
30.36
-0.04 (-0.13%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners107.64%
Inst Owner Change-1.59%
Ins Owners5.95%
Ins Owner Change-1.7%
Market Cap8.19B
Revenue(TTM)2.53B
Net Income(TTM)485.40M
Analysts50.53
Price Target28.32 (-6.72%)
Short Float %10.37%
Short Ratio5.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.38%
Min EPS beat(2)11.32%
Max EPS beat(2)11.44%
EPS beat(4)4
Avg EPS beat(4)12.53%
Min EPS beat(4)11.32%
Max EPS beat(4)15.74%
EPS beat(8)8
Avg EPS beat(8)11.93%
EPS beat(12)12
Avg EPS beat(12)11.35%
EPS beat(16)16
Avg EPS beat(16)9.58%
Revenue beat(2)1
Avg Revenue beat(2)-0.05%
Min Revenue beat(2)-0.25%
Max Revenue beat(2)0.16%
Revenue beat(4)1
Avg Revenue beat(4)-0.26%
Min Revenue beat(4)-0.7%
Max Revenue beat(4)0.16%
Revenue beat(8)1
Avg Revenue beat(8)-0.33%
Revenue beat(12)3
Avg Revenue beat(12)-0.15%
Revenue beat(16)5
Avg Revenue beat(16)-0.15%
PT rev (1m)0%
PT rev (3m)-1.47%
EPS NQ rev (1m)-0.05%
EPS NQ rev (3m)-0.63%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)2.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.54 | ||
| Fwd PE | 10.38 | ||
| P/S | 3.23 | ||
| P/FCF | 9.18 | ||
| P/OCF | 9.08 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.39 |
EPS(TTM)2.88
EY9.49%
EPS(NY)2.93
Fwd EY9.63%
FCF(TTM)3.31
FCFY10.89%
OCF(TTM)3.34
OCFY11.01%
SpS9.39
BVpS-4.84
TBVpS-6.67
PEG (NY)1.19
PEG (5Y)0.27
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.46% | ||
| ROE | N/A | ||
| ROCE | 62.12% | ||
| ROIC | 52.97% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 22.67% | ||
| PM (TTM) | 19.16% | ||
| GM | 81.35% | ||
| FCFM | 35.23% |
ROA(3y)15.53%
ROA(5y)9.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)17.97%
ROIC(5y)15.1%
ROICexc(3y)69.99%
ROICexc(5y)80.12%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)21.07%
ROCE(5y)17.71%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y-15.6%
ROICexc growth 5YN/A
OM growth 3Y10.3%
OM growth 5YN/A
PM growth 3Y4.48%
PM growth 5YN/A
GM growth 3Y1.29%
GM growth 5Y1.86%
F-Score4
Asset Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3 | ||
| Debt/EBITDA | 2.55 | ||
| Cap/Depr | 6.71% | ||
| Cap/Sales | 0.4% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 124.51% | ||
| Profit Quality | 183.81% | ||
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z | 0.72 |
F-Score4
WACC10.02%
ROIC/WACC5.29
Cap/Depr(3y)17.74%
Cap/Depr(5y)24.54%
Cap/Sales(3y)1.13%
Cap/Sales(5y)1.78%
Profit Quality(3y)165.94%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)26.32%
EPS 3Y17.94%
EPS 5Y38.64%
EPS Q2Q%23.33%
EPS Next Y8.83%
EPS Next 2Y7.95%
EPS Next 3Y4.73%
EPS Next 5Y2.92%
Revenue 1Y (TTM)-0.44%
Revenue growth 3Y5.7%
Revenue growth 5Y8.93%
Sales Q2Q%-0.69%
Revenue Next Year-1.83%
Revenue Next 2Y-1.21%
Revenue Next 3Y-0.97%
Revenue Next 5Y-1.17%
EBIT growth 1Y12.3%
EBIT growth 3Y16.58%
EBIT growth 5YN/A
EBIT Next Year24.01%
EBIT Next 3Y6.3%
EBIT Next 5Y8.46%
FCF growth 1Y19.21%
FCF growth 3Y7.53%
FCF growth 5Y17.4%
OCF growth 1Y16.65%
OCF growth 3Y7%
OCF growth 5Y11.09%
DROPBOX INC-CLASS A / DBX FAQ
What is the ChartMill fundamental rating of DROPBOX INC-CLASS A (DBX) stock?
ChartMill assigns a fundamental rating of 5 / 10 to DBX.
What is the valuation status for DBX stock?
ChartMill assigns a valuation rating of 8 / 10 to DROPBOX INC-CLASS A (DBX). This can be considered as Undervalued.
Can you provide the profitability details for DROPBOX INC-CLASS A?
DROPBOX INC-CLASS A (DBX) has a profitability rating of 9 / 10.
What is the valuation of DROPBOX INC-CLASS A based on its PE and PB ratios?
The Price/Earnings (PE) ratio for DROPBOX INC-CLASS A (DBX) is 10.54 and the Price/Book (PB) ratio is -6.28.